Tag Archives: Washington
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreEnacted in 2008, the state of Washington has created their own version of a federal tax benefit in an effort to reduce poverty among working families. The Earned Income Tax Credit (EITC) seeks to put more money back into the hands of earners, and encourage families to continue to work despite lower wages. Modeled after […]
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